Nisa Investment Advisors LLC grew its position in Weyerhaeuser Co (NYSE:WY) by 21.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 262,574 shares of the real estate investment trust’s stock after purchasing an additional 47,155 shares during the period. Nisa Investment Advisors LLC’s holdings in Weyerhaeuser were worth $7,273,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Allworth Financial LP lifted its position in Weyerhaeuser by 85.7% during the 3rd quarter. Allworth Financial LP now owns 925 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 427 shares in the last quarter. NuWave Investment Management LLC acquired a new position in Weyerhaeuser during the 2nd quarter worth approximately $30,000. Rational Advisors LLC acquired a new position in Weyerhaeuser during the 2nd quarter worth approximately $30,000. NEXT Financial Group Inc lifted its position in Weyerhaeuser by 197.3% during the 2nd quarter. NEXT Financial Group Inc now owns 1,189 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 789 shares in the last quarter. Finally, Personal Wealth Partners acquired a new position in Weyerhaeuser during the 2nd quarter worth approximately $33,000. 76.95% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts recently commented on the company. Royal Bank of Canada reissued a “buy” rating on shares of Weyerhaeuser in a research report on Tuesday, September 17th. ValuEngine raised Weyerhaeuser from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd. Finally, BMO Capital Markets set a $32.00 price target on Weyerhaeuser and gave the stock a “buy” rating in a research report on Tuesday, September 17th. One analyst has rated the stock with a sell rating, two have given a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $32.67.

Shares of WY opened at $28.28 on Monday. The business’s 50 day moving average is $27.20 and its two-hundred day moving average is $25.89. Weyerhaeuser Co has a 52-week low of $20.52 and a 52-week high of $29.23. The firm has a market cap of $20.87 billion, a price-to-earnings ratio of 23.97, a PEG ratio of 10.43 and a beta of 1.67. The company has a quick ratio of 1.04, a current ratio of 1.39 and a debt-to-equity ratio of 0.71.

Weyerhaeuser (NYSE:WY) last announced its earnings results on Friday, July 26th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.06. Weyerhaeuser had a return on equity of 5.47% and a net margin of 0.01%. The company had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.73 billion. During the same period in the prior year, the company posted $0.44 EPS. Weyerhaeuser’s quarterly revenue was down 20.4% on a year-over-year basis. On average, equities analysts expect that Weyerhaeuser Co will post 0.54 earnings per share for the current fiscal year.

Weyerhaeuser Profile

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.2 million acres of timberlands in the U.S., and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards.

Further Reading: Capital Gains Distribution

Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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